
Cheap Apartments for Rent in the Mercer Heights Neighborhood of Mercer Island, WA from $500 (142 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mercer Heights area of Mercer Island.


Island Square

Total Monthly Price
The Mercer Apartment Homes

Westwinds Apartments

Grace Place

77 Central

2315 E Ward St, Unit C

3543 S Dawson St

Filipino Community Village (Affordable, 55+)

1103 Martin Luther King Jr Way
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Courtland Place

SPOKANE AT RAINIER COURT a 55+ Affordable Community

Hanford Studios

NOCO Apartments

The Vale Studios

Pacific Inn Apartments

4702 S Lucile St, Unit B

Mt Baker The Maddux Apartments

Symphony Apartments

2468 S College St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Tahoma Valley Apartments

Abbey Lincoln Court

Willowbrook Apartments

Summerstone

Crestview

3811 43rd Ave S

Melody Jabooda Apartments

Pax Futura

Grand Street Commons

301 Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Encore

219 23rd Ave

Midtown Square

611 Lake Washington Blvd E

Total Monthly Price
Jackson Apartments

Le Chateau Apartments

Excalibur Apartment Homes

Total Monthly Price
State Street

Columbia City

Lantera Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

425 Apartments

Pearl Street (3919)

CityLine

Total Monthly Price
2301 E Union St, Unit SI FL5-ID740

Sir Gallahad Apartment Homes

Avant Apartments

129 27th Ave E, Unit 127 27th Ave E Seattle, WA 98112

118 107th Avenue Northeast, Unit B210

2608 E Valley St

The Baxter
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Mercer Heights, Mercer Island, WA Local Guide

How much does it cost to rent an apartment in Mercer Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mercer Heights Studio Apartments | $2,014 | $594 | $7,346 |
| Mercer Heights 1 Bedroom Apartments | $2,583 | $634 | $8,900 |
| Mercer Heights 2 Bedroom Apartments | $3,746 | $1,250 | $10,000+ |
| Mercer Heights 3 Bedroom Apartments | $5,687 | $2,000 | $10,000+ |
| Mercer Heights 4 Bedroom Apartments | $7,335 | $3,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 142 rentals with your search options within a 3 mile radius of the Mercer Heights Neighborhood of Mercer Island, WA.
See all Apartments in Mercer IslandExplore Mercer Island
Mercer Heights, Mercer Island, WA Local Guide
- Nearby Mercer Island neighborhoods
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- School Districts
Cheapest Available Mercer Heights Apartments for Rent
 The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a 1 Bed unit found at Courtland Place priced from $880. SPOKANE AT RAINIER COURT a 55+ Affordable Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtland Place | One Bedroom One Bath | 1BR,1BA | $880 |
| SPOKANE AT RAINIER COURT a 55+ Affordable Community | One Bedroom One Bath | 1BR,1BA | $950 |
| Hanford Studios | Studio | Studio,1BA | $1,000 |
| NOCO Apartments | Studio F | Studio,1BA | $1,049 |
| The Vale Studios | Contemporary Studio Apartments - Modern and Aff... | Studio,1BA | $1,100 |
| Pacific Inn Apartments | Loft (Income Qualified/6 Month Lease) | Studio,1BA | $1,100 |
| Dakota | One Bedroom One Bath | 1BR,1BA | $1,190 |
| Mt Baker The Maddux Apartments | Studio F | Studio,1BA | $1,198 |
| Columbia Gardens a 55+ Affordable Community | One Bedroom One Bath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Mercer Heights, WA
As of June 24, 2026 the best value apartment in the Mercer Heights area is the $2.25 price per square foot Two Bedroom Model at 12 Central Square in the in the North Bellevue neighborhood starting from $2,807. The second greatest value Mercer Heights apartment is the 2BR/1.0BA Model at Kenny Apartments starting at $2,095 with a $2.10 price per square foot in the Mercer Heights neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 12 Central Square | Two Bedroom | 2BR,2BA | $2.25 |
| Kenny Apartments | 2BR/1.0BA | 2BR,1BA | $2.10 |
| 810 27th Ave | 810 27th Ave | 3BR,1BA | $2.00 |
| The Link Apartments | 1BR/1.0BA | 1BR,1BA | $1.72 |
| 6511 Apartments | 1BR/1.0BA | 1BR,1BA | $1.59 |
| SPOKANE AT RAINIER COURT a 55+ Affordable Community | Two Bedroom One Bath | 2BR,1BA | $1.79 |
| Courtland Place | Two Bedroom One Bath | 2BR,1BA | $1.49 |
| Dakota | One Bedroom One Bath | 1BR,1BA | $1.73 |
| Columbia Gardens a 55+ Affordable Community | One Bedroom One Bath | 1BR,1BA | $2.09 |
| 2315 E Ward St, Unit C | 2315 E Ward St | 1BR,1BA | $0.10 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMercer Heights, Mercer Island, WA
Ranked #1
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mercer Heights, Mercer Island, WA
Mercer Island High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Mercer Island. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Mercer Heights Apartments
What is a cheap apartment in Mercer Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mercer Heights is under $1,250.
What is the price of a cheap apartment in Mercer Heights?
The cheapest apartment in Mercer Heights is Courtland Place which is listed at $880, while the average apartment in Mercer Heights costs $16,205.
What types of apartments are the cheapest in Mercer Heights?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 87 regular apartments in Mercer Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Mercer Heights?
Cheap apartments in Mercer Heights have an average cost of $153 which is $16,052 cheaper than the average rent for all rentals in Mercer Heights.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

Picking the Perfect Seattle Neighborhood for College Life
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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.